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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 20, 2020

 

 

TPI Composites, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Delaware

 

001-37839

 

20-1590775

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

8501 N. Scottsdale Rd, Gainey Center II, Suite 100, Scottsdale, Arizona 85253

(Address of principal executive offices) (Zip Code)

480-305-8910

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01

TPIC

NASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 


 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 20, 2020, TPI Composites, Inc. (the Company) held its 2020 Annual Meeting of Stockholders. The following is a brief description of each matter submitted to a vote at the Annual Meeting, as well as the number of votes cast for and against and the number of abstentions and broker non-votes with respect to each matter. For more information about these proposals, please refer to the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 6, 2020.

Proposal One: Election of Directors

The stockholders elected Steven C. Lockard, William E. Siwek and Philip J. Deutch as Class I directors to hold office until the 2023 Annual Meeting of Stockholders or until their successors are duly elected and qualified, subject to their earlier resignation or removal.

 

Director's Name

 

Votes For

 

 

Votes Withheld

 

 

Broker Non-Votes

 

Steven C. Lockard

 

 

18,733,706

 

 

 

10,702,819

 

 

 

2,077,263

 

William E. Siwek

 

 

27,457,745

 

 

 

1,978,780

 

 

 

2,077,263

 

Philip J. Deutch

 

 

16,663,993

 

 

 

12,772,532

 

 

 

2,077,263

 

 

Proposal Two: Ratification of the Appointment of our Independent Registered Public Accounting Firm

 

Votes ForVotes AgainstAbstentionsBroker Non-Votes

28,727,272     2,777,279       9,237         0

 

Proposal Three: Non-Binding Advisory Vote on Named Executive Officer Compensation

 

Votes ForVotes AgainstAbstentionsBroker Non-Votes

26,295,028   3,123,756      17,741         2,077,263

 

Proposal Four: Non-Binding Advisory Vote on the Frequency of Non-Binding Advisory Votes on Named Executive Officer Compensation

 

Every One YearEvery Two YearsEvery Three YearsAbstain        Broker Non-Votes

      27,908,314   75,514   559,926 892,771                 2,077,263

 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

TPI Composites, Inc.

 

 

 

 

Date: May 22, 2020

 

 

 

By:

 

/s/ Bryan R. Schumaker

 

 

 

 

 

 

Bryan R. Schumaker

 

 

 

 

 

 

Chief Financial Officer

 

 

 

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Cover
May 20, 2020
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date May 20, 2020
Entity Registrant Name TPI Composites, Inc.
Entity Central Index Key 0001455684
Entity Emerging Growth Company false
Entity File Number 001-37839
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 20-1590775
Entity Address, Address Line One 8501 N. Scottsdale Rd, Gainey Center II, Suite 100
Entity Address, City or Town Scottsdale
Entity Address, State or Province AZ
Entity Address, Postal Zip Code 85253
City Area Code 480
Local Phone Number 305-8910
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.01
Trading Symbol TPIC
Security Exchange Name NASDAQ
XML 14 tpic-8k_20200520_htm.xml IDEA: XBRL DOCUMENT 0001455684 2020-05-20 2020-05-20 false 0001455684 8-K 2020-05-20 TPI Composites, Inc. DE 001-37839 20-1590775 8501 N. Scottsdale Rd, Gainey Center II, Suite 100 Scottsdale AZ 85253 480 305-8910 false false false false Common Stock, par value $0.01 TPIC NASDAQ false